Procedurally Fair
Blockchain

The future of secure, sustainable cryptocurrency with an innovative Dynamic Block Reward Tax, VDF-powered consensus, and fair economics for all.

Dynamic Reward Tax Ensures fair economic rewards over time
Quantum-Resistant Hashing SHA3_512 Proof of Work
PoW+VDF-Powered Lottery Ensures fair block selection and predictable timing
Hybrid Consensus PoW to PoS transition at block 4,333,504
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Gemolith

About Gemolith

Quantum-Resistant

Built with state-of-the-art post-quantum cryptographic algorithms like CRYSTALS-Kyber, KangarooTwelve, zkSTARKs, Falcon-512, and SPHINCS+ to protect against future quantum computing attacks

Hybrid Consensus

Proof-of-Work transitioning to Proof-of-Stake at block 4,333,504 for optimal security and efficiency.

Dynamic Tax System

The innovative Dynamic Block Reward Tax and Activity-Based Reward Dampening (ABRD) ensure a balanced and fair economic model for the long term.

Configurable Economics

All economic parameters centralized for easy customization and forking capabilities.

Advanced Technology

Quantum-Resistant Cryptography

  • SHA3_512: Fast, gold standard quantum-resistant hashing algorithm
  • Falcon-512: Lattice-based signature algorithm
  • SPHINCS+: Hash-based backup signature system
  • Address Format: zgem{32 base56 characters}
  • CRYSTALS-Kyber: For secure key exchange and encryption.
  • ZK-STARKs: Provides a secure, transparent, and profitable Layer 2 solution for high-throughput transactions.

Network Architecture

  • P2P Port: 14777 (main), 14778 (test)
  • Block Size: 2MB maximum
  • Transaction Size: 1MB maximum
  • Max Peers: 10,000,000 connections

UTXO Model

  • Transaction Model: Bitcoin-like UTXO system
  • Merkle Trees: Efficient transaction verification
  • Double-Spend Prevention: Advanced UTXO validation
  • Storage: BadgerDB for high performance

Economic Model & Pillars

Economic Fundamentals

Token Supply

Max Supply: 77,777,777 Gems

Smallest Unit: 100,000,000 monogems per Gem

Total Units: 7,777,777,700,000,000 monogems

Block Rewards

Initial Reward: 77 Gems per block

Reduction Interval: Every 47,777 blocks

Reduction Rate: 4.668% per interval

Network Parameters

Block Time: 150 seconds (2.5 minutes)

Difficulty Adjustment: Every 777 blocks

Consensus Transition: Block 4,333,504

Dynamic Block Reward Tax System

Tax Rate Structure

  • Initial Max Rate: 7.0% (0.07)
  • Initial Min Rate: 0.01% (0.0001)
  • Final Max Rate: 1.0% (0.01) after halving event 25
  • Final Min Rate: 0.01% (0.0001)

Halving Events

  • Blocks Per Halving: 47,777 (~2.7 months)
  • Final Halving Event: 25
  • Cap Reduction Rate: 4% per halving
  • Activation: From genesis block

Development Fund

  • Fund Address: zgem_TO_BE_DETERMINED
  • Tax Allocation: Donations Only

Fee Structure

Transaction Fees

  • Low Priority: 150 monogems per byte
  • Medium Priority: 250 monogems per byte
  • High Priority: 377 monogems per byte
  • Minimum Fee: 1,000 monogems

Gas Pricing

  • Low Priority: 150 monogems per gas unit
  • Medium Priority: 250 monogems per gas unit
  • High Priority: 377 monogems per gas unit
  • Block Gas Limit: 10,000,000 gas units

Economic Pillars

Fair Distribution

The Dynamic Block Reward Tax System ensures mining rewards remain proportional to collective network effort, eliminating early miner advantage while providing sustainable development funding.

Sustainable Growth

Difficulty-based logarithmic tax rates adapt to network conditions, ensuring the economic model remains viable throughout all phases of network growth and development.

Development Funding

Donations accepted for the development fund ensures continuous innovation and maintenance of the blockchain infrastructure.

Configurable Economics

All economic parameters are centralized and easily customizable, enabling forks and adaptations while maintaining the core economic principles.

Download & Get Started

GemolithCore Node

Full blockchain node with mining capabilities

Download

Gemolith Wallet

Secure wallet with quantum-resistant encryption

Download

Source Code

Open source on GitHub

View on GitHub

Contact Us

GitHub

github.com/gemolith/gemolithcore

Website

gemolith.org